Analysis of the agricultural products and livestock output in Italy reveals a general upward trend from 2013 to 2023, with some fluctuations. The output reached 58.48 Billion Euros in 2023. The year-on-year variation noted from 2022 to 2023 was 0.77%, reflecting moderate growth. Analyzing the five-year period from 2018 to 2023, the Compound Annual Growth Rate (CAGR) was 0.58%, indicating a stable ongoing increment.
Future trends to watch for:
- Continued stability with a forecasted CAGR of 0.58% from 2024 to 2028
- Potential impacts of climate change on yield and productivity
- Technological advancements in agriculture
- Effects of EU agricultural policies and subsidies